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as leader reid and leader durbin mentioned, had a lot of things we didn't like. it had some things we liked, particularly making sure that no benefits in medicare, social security and medicaid were cut. but it's now time for congress to get back to our regularly-scheduled programming, and that means jobs. while washington has been consumed with averting a default, our nation's unemployment problem has been worsening. it's time for jobs to be moved back to the front burn wither. with this debt reduction package completed, the decks are now cleared for a single-minded focus on jobs in september. by removing the threat of default for the next 18 months and by proving that both parties can come together to get our deficits under control, we have provided certainly to the credit markets. the debt limit agreement largely resolves the budgets for the next two years, so the wrangling over spending should be greatly reduced in coming months. we now have the chance to pivot away from budget battles to jobs. we can reset the debate, and that's what we intend to do. the jobs issue won't have to play se
east back from the brink. chip reid on the resignation of congressman jesse jackson, jr. the target of an ethics investigation. scott pelley with the c.e.o. of goldman sachs warning of the dangers of the fiscal cliff. >> what you won't repair is people's attitudes towards the united states. >> glor: and dean reynolds on why there's a smaller bounty to share with the hungry this thanksgiving. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> glor: good evening. scott's off tonight. i'm jeff glor. i eight days of bomb blasts and a celebration in gaza tonight after israel and hamas agreed to a cease-fire. a deal was announced in cairo by secretary of state hillary clinton and egypt's foreign minister. israel agreed to stop air strikes in gaza, where at least 161 palestinians have been killed since last wednesday. hamas promised to stop firing rockets which have killed five israelis. there were fears the deal might not happen after a bomb went off on a bus in tel aviv this morning. 27 people were hurt, no one has claimed responsibility. we have reports fro
to raise the debt ceiling. first, senate majority leader harry reid and republican majority leader mitch mcconnell will talk on the senate floor about the january fiscal deadline. >> since our country voted to return president obama to the white house, i have spoken often about compromise. i remain optimistic that, when it comes to our economy, when it comes to protecting middle-class families from a whopping tax hike, republicans and democrats will be able to find common ground. president dwight eisenhower, a republican, once said, "people talk about the middle of the road as though it were unacceptable. there have to be compromises. the middle of the road is all usable space." so said white house and higher. -- dwight eisenhower. too often, we face off, not realizing that the solution rests somewhere in the middle. i remind everyone of one fact. this congress is one vote away from avoiding a fiscal cliff for middle-class families and small businesses. we can solve the greatest economic emergency facing the nation today if only the house would consent the senate-passed bill freezing --
change that changed is harry reid says he wants to do something about the filibuster. isn't what i want to do. it feels to me like a tectonic shift saying we need to change this, it has gone too far. >> it really is. harry reid has long defended the perogatives of the senate and of the filibuster even in the face of criticism from his own members, but virtually all of his members now want to do something and he has been infuriated by the way in which mitch mcconnell has carried out, but if you think about t it is a very odd time to do this. the house is under the control. >> you don't get that much. >> of the republicans, so it is not as if the filibuster is the only thing standing in the way >> of the republicans, so it is not as if the filibuster is the only thing standing in the way of democratic program and as norm said, at the beginning of this new congress president obama has a better shot at working with the senate including 6, 8, 10, republicans in using that to put pressure on the house so is this the right time to blow up the senate? >> norm, real quick, do you think we need 6
working on the defense authorization bill. harry reid has been talking about the brugget cuts and tax increases and here he is speaking to reporters just after the caucus lunch. it's about 10 minutes. >> we are -- we had a meeting with the four leaders up here at the white house, it went very well. the problem was that was before thanksgiving. and since that time, there has been little progress with the republic carns, which is a indictment -- republicans, which is a disappointment to me. we only have a couple of weeks to get something done. we have to get away from the happy talk and start talking about specific things. and one month taxes are set to rise for all americans. we passed in the -- we passed in the senate a piece of legislation to protect people making less than $250,000 a year. we have rejected on a bipartisan basis the republicans' efforts to extend the tax cuts for everybody. those are the two majors we have dealt with on the senate floor. if we fail to reach an agreement, the average middle-class family will see their taxes go up by 2,200 a year. as i have indicated,
harry reid and mitch mcconnell sent stocks to session lows. this morning we look to open to the downside. implied open down 25. s&p looking to lose five. beige book home sales ahead. as for picture in europe, a bailout for four spanish banks getting approval from the eu. still stocks are down. italy down by almost one full percentage point. road map for the morning starts off with the fiscal cliff. the president meeting with more ceos today bringing his plan straight to the people culminating in an appearance in a factory later this week. >> costco joins the dividend parting initiating a $7 a share payout on top of the regular dividend. >> and a shake-up at groupon. the board may be considering co-founder being released. >> there's powerball fever. 500 million big ones in the pot. how would you spend the money and how does the fiscal cliff factor in? we'll talk strategy with a former lottery winner. >> we begin with the fiscal cliff. this afternoon president obama is scheduled to meet with several business leaders including ceos of home depot, macy's, caterpillar and at&t but futures are
. it started with harry reid appointing me to the simpson- bowles commission -- 18 members. i thought this was another commission who'd work product would be lost in history and on a dusty shelf or buried in some hard drive. it turned out to be a historic effort and a game changer -- mainly through the good work of erskine bowles and ellen simpson with hard work that was put into this by 18 members, evenly divided among house and senate democrats and republicans and six public members. 11 of us voted for the final work product. i was invited to join the gang of six to continue the conversation on simpson-bowles. it expanded to the gang of eight. the conversation has been going on for two years. that is a lot of popcorn in mark warner's office. it was a great education and effort to sit across the table from conservative senators and talk through not just the reality of the deficit but the political reality of the deficit, which we have to be more sensitive to if we are looking for an honest solution. some of my friends on the left came to visit. i recall one -- the labor leader who sa
and harry reid over the weekend about avoiding the fiscal cliff. the president will meet with small business owners today. tomorrow he meets with middle class americans who would be affected by tax hikes and more business leaders. friday he's going to travel to hatfield pennsylvania where he will give campaign style remarks to get support for congress to negotiate the right kind of deal. we are back with more steph after this. ♪ [ ♪ theme ♪ ] >> announcer: ladies and gentlemen, it's the "stephanie miller show." ♪ >> yahoo, it is the "stephanie miller show," welcome to it. 1-800-steph-1-2 toll free from everywhere. steven weber. he will be there nobody panic he will be right there. charlie pierce said some good stuff about the fiscal cliff and other things. this is going to be a fascinating discussion. the president playing three dimensional chess. told you so. >> never mind. >> never mind. >> corn? when did we book corn? [ laughter ] >> oh, you kids. i swear. all right, you know what? i think there's a little estrogen in the clubhouse. ♪ ♪ >> hi, jackie schechner. >> good morning
and spending cuts and away from taxes and no movement in harry reid's association, he says that democrats have cut enough. >> well, remember we've already done more than a billion dollars worth of cuts, we've already done that. so we need credit for that and those negotiations that take place, and however, here is a cave caveat, senator dick durbin is taking a hard line approach. quote, we can't be so naive to believe that just taxing the rich will solve our problems and put everything on the table, repeat. everything on the table. and that's the left of center dick durbin. yesterday, t was taxes, today, there's entitlements, tte impasse continues as we countdown to that deadline. next case, china, clearly the number one world's polluter and criticizes us for not doing enough about climate change, a global carbon tax could be coming, are we going to have to pay? we'll talk to a leading environmentalist after the break and of course, we will have the opening belfour you next. bell for you next. >> all right, just a few seconds away from the opening bell. the futures suggest we're going be to
programs. it is something that was taken out of my paycheck. >> bill: thank you. >> caller: harry reid said they didn't contribute to the debt problem. these big tax breaks contributed to the debt problem, the two false wars created the deficit. we need to lock arms and walk up to the cliff and see what it is all about. >> bill: arnold you got it. alan in new bedford mass. >> caller: good morning, bill. i think there are two separate issues. the bush tax cuts were to expire in 2010. they were only extended was because of [ inaudible ]. period. >> bill: yeah, that was all over the debt ceiling negotiations. the president went along with it, but it's time to end them now. they are still making the argument that that is a job creator. no, it's not. no, it's not. >> announcer: this is the "bill press show." ♪ >> announcer: chatting with you live at current.com/bill press. this is the "bill press show," live on your radio and current tv. >> bill: how about it coming to you live indeed. coming you live on cirrus xm this hour only and on current tv. republicans talking out b
senate majority leader harry reid said lawmakers are making little progress in resolving the stand-off over tax increases and spending cuts. the dow fell 89 points, the nasdaq lost nine, the s&p 500 down seven. >> tom: as susie mentioned, talks to resolve the fiscal cliff are moving slowly. one reason is that there is deep disagreement over whether entitlement programs like social security and medicare should be on the table right now or not, and the disagreement is sharpest over social security. darren gersh takes a look at why. >> reporter: the number-two man in the senate democratic leadership argues any fix for social security's finances should come after the immediate challenge is out of the way. >> i think we should take social security off the table for the current fiscal cliff and deficit discussion, but be very honest about what we're going to achieve in the near term. >> reporter: republicans pushed back, arguing social security is part of the deficit problem because it is no longer taking in enough in taxes to cover the benefits it pays out. social security makes up the
asked harry reid of years ago, you're back in power and that the president, why are you pushing it customer he said, "steve, i wish we had time." both parties have let it sit. as a journalist, i want to remind people there has been institutional neglect on both sides, which accredits the senator for now moving, but it has been interesting how people did not see this before and earlier periods. >> i think that is fair. the reality is in the last session, we were literally one vote short from moving forward. i should say the senate was barred the department of defense afforded. despite its importance, i would put it behind us, taking steps to get our economic house in order. it is fundamental to long-term security and fundamental to our core -- global leadership role. it is really the foundation of our long-term power influence as a nation. with respect to human rights, one of the principles that we need to understand and follow is that human rights do matter. >> i want to take that two issues promptly. first thing is energy. east china sea, when president hu jintao made a visit t
leader of the united states senate, the honorable harry reid. >> today the people of burma and the united states honor aung san suu kyi. her personal sacrifice and her dedication to spreading freedom and justice not only in burma but in the world. even when it meant separation from her family, when it meant being a part from her husband at the hour of his death, aung san suu kyi has remained true to her cause. today i also recognize my colleague, republican leader mitch mcconnell. i have stood next to him on the senate floor now for a long time, and there is no cause for which he has been more pronounced in doing something about than aung san suu kyi and burma. i extend my congratulations, my admiration and i applaud him for his good work. he has been a long standing advocate in the united states to focus on burma and what is wrong there with the ruling junta. he co-sponsored the economic sanctions bill that helped push the regime toward freedom. sometimes people think it is hard for the two parties of congress to find common ground. lots of times it is. but i am pleased that where the bu
? there has been so much acrimony. the white house, you know, pushing senator reid to get a budget out of the senate. is there going to be some kind of a kumbaya moment? >> i think there is. i just read the tea leaves and you listen to nancy pelosi or harry reid, the majority leader of the senate. both have already said that there is going to be a deal well before christmas. i think that they know. pressure from low income people on the left. they want them to make a deal. again, i don't think it's getting attention, but the president is under pressure. jon: it is so fascinating that so little seems to get done and get the voters sent the same cast of characters back to washington to get it all done again, i guess. >> that's optimistic. jon: juan williams, brad blakeman. happy thanksgiving. jenna: on this thanksgiving, the latest forecast up next for you. plus, thanksgiving favorites getting a whole new look this year. one of them is the star of them all. the turkey. turkey ice cream. need i say more? stay with us people really love snapshot from progressive, but don't just listen to m
through. i want to ask you about comments about senator reid talking about how he's making it difficult for things to be brought up and you say he's abused the power in the senate to a degree that has never ever been done. how so. i don't think there's any doubt about that. for example, he's controlled the minority party to have amendments to bill after bill after bill after bill and he also has refused to have a budget for three years and the reason is, when you you bring up a budget, you're guaranteed to have the right to amendments and full debate and he's refused for three years to bring up a budget to the floor of the senate and once again, we're headed into secret negotiations with a few leaders and meeting in secret. they'll bring up a settlement presumably, hopefully, until the fiscal cliff, december 24, december 31st and ask everybody to vote for it without amendment and without any real discussion and knowledge by the american people of what's in it. and so, this is so contrary to the great senate understanding where the great issues of our day are debated at length and peopl
reid, mitch mcconnell, john boehner, nancy pelosi will be serious. going over the cliff doesn't make any sense. >> we all remember the t.a.r.p. vote that you reference. that really didn't come to a resolution until the markets -- i would argue -- scared washington. i wonder how important you think that is this time? do stocks need to fall before the two sides really get committed at the table? >> that is a terrific question. that's the main question. in two days we lost 1,600 points in the markets. it took us a lot longer time to come back and recover. i sat there and stared defeat in the face. we can't do it now. the markets will respond to certainty. that's what congress needs to give american business and american people. certainty about taxes. certainty about spending in congress and certainty about our commitment to lower the debt. >> how do you argue that you are considering all elements of reform if in fact you're going to stick by the norquist pledge. is there anything wrong with as senator graham has said with saying i made that pledge back then but my job is to be a senator
of taxes. and also stuck on the issue of entitlements. we had harry reid come out and basically say he wasn't open to reforming especially social security. so there's a big question mark about how they're going to move forward. remember, these are sort of their opening bids. presumably there is room for some sort of movement on either side. in terms of getting a deal done by the first of the year, i think there's a lot of pressure on both sides to try to get something done here. you remember the debt ceiling debate. after that sort of knockdown dragout fight, congress had its lowest approval ratings in history. they know they need to get something done. remember, if they don't get something done before the first of the year, it could have serious consequences on the economy. >> i want to ask you both to weigh in on this question. kristen, you do the political angle and neil you give me the nuts and bolts. yesterday john boehner wrote an op-ed calling for the health care law to be part of the negotiations, he wrote in part the president's health care law at the massive, expensive, unworkable
leader harry reid that the work on this would continue over the break and that they hope to meet the president this week when they return. right now that meeting is not yet on the schedule, but that can certainly change, randi. >> has there been any concrete movement as far as we can tell that they are edging maybe just a little bit closer to a deal? >> well, that's really the question here. i mean, as i said, the work has continued among staffers discussing this. we know what the big hold-ups are, the big sticking points, and that's how to raise more tax revenue. we know republicans can put revenue on the table, but they don't want to see tax rates go up for anyone. we also know that the president ran on this idea of raising taxes on the wealthiest among us. the other issue is entitlements. republicans want to see democrats reform programs like medicare, so those are the sticking points. now, if there's been progress that hasn't been made public yet, and i can tell you that right after the election the president spoke with house speaker john boehner, and they talked about a grea
. harry reid has said no, social security won't be part of these negotiations. it should not be part of the negotiations. but isn't the essence of the problem here which you pointed out, got your finger on a little earlier, in our conversation, that there was an election -- >> there was. i remember it. >> bill: they forgot it. they seem to have forgotten it. they put out all of these bad ideas, stale ideas dangerous ideas and they lost. >> this was really an election on those ideas. >> bill: exactly. >> romney made the case. you have a choice between going down my road or obama's road and the country supported obama's road as he said even if folks didn't vote for him chose his road in terms of increasing marginal tax rates on the richest americans getting more revenue. not turning medicare into a voucher system. ryan used to say when they first selected him let's have this medicare debate because this is a debate we can win. guess what, guys. you lost it and you can't have the policies you wanted now after you have.
and part of the gang. thank you for joining us. >> senate leaders spoke with reporters. harry reid said republicans are holding up a deal on the so- called fiscal cliff. republicans said they do not understand why democrats are looking to change the rules on filibusters. this is 20 minutes. >> we had a meeting with the four leaders up here at the white house, it went very well. the problem was that was before thanksgiving. and since that time, there has been little progress with the republicans, which is a disappointment to me. we only have a couple of weeks to get something done. we have to get away from the happy talk and start talking about specific things. and one month taxes are set to rise for all americans. we passed in the -- we passed in the senate a piece of legislation to protect people making less than $250,000 a year. we have rejected on a bipartisan basis the republicans' efforts to extend the tax cuts for everybody. those are the two majors we have dealt with on the senate floor. if we fail to reach an agreement, the average middle- class family will see their taxes go up
and he doesn't want to be we've learned an awful lot about how the president and harry reid behaved behind closed doors from woodward's book, at a don't think it reflected well on the white house. but let's see that. the second point, and these are i think very both doable, and the second one is that whatever is agreed to do, that he needs to be put in writing and online for seven days so that not just the lobbyists in washington, d.c. can know what is in it, that every american can know what's in and do research and look at and have other people disaggregated and take a look at it before either the house or the senate vote on it. there's a new verb in washington called to be correct, and those of republicans who felt they were sold a bill of kids by the bush white house and the treasure department the treasure department is to do this, do this, it's an emergency. white emergencies require expenditures of money, $350,000,000,000.6 months later strikes me as the question as to whether they've been cheated or not. they think they're being cheated to be transported to be rushed out in
reid and the democratic caucus to meet halfway on entitlement reform? >> that is a question, certainly. and i think that the democrats were as unhappy in the part of the democratic caucus when the bargaining negotiations took place. democrats were as unhappy as parts of majority leader cantor's kau can cuss were about the revenue side. you made the point that it's a big deal for speaker boehner to put the notion of new revenue on the table so what has changed in your caucus and your caucus' outlook when the notion of new revenue was for a lot of your members not talked about. what's changed in those districts where people got re-electeded having not changed their position at all? we were re-elected to fix problems. we were elected to fix the problems to get the economy going again and to fix the deficit. well, the president got re-elected. we know at the end of this year taxes are going up on everybody. everybody. rich, poor alike. we have marginal rates across the spectrum going up as well as c cap gains, dividends. everything. this is the so-called fiscal cliff, right? so we know tha
. there is a theory -- patty murray is a prominent democrat. doesn't have the name recognition of harry reid. she clearly says if we don't get what we want, let's go over the cliff. this is the most important part. we talk about the fiscal cliff and recession. this is not as if a fire and brimstone will ring down on the earth on january 1st. slow and steady decline. when i tell people i expect us to breach this and go into the new year, i don't think that this is going to be the power goes out on january 1st. there will be a debate and slope. if you resolve this in a week or week and a half or two weeks, not much will happen economically speaking. the economy will not fold in on itself and we'll have this conversation eating spam in cave in the woods. >> that's good to know. he may be judging from what his weekends are like. >> that's an official view. >> where's the love? happy holidays to everybody. >> spam is not good. >> it's delicious. >> dan, thanks for stopping by. sears, kmart, walmart, best buy adding last-minute deals to sales list for black friday shoppers. find out what the deals are
administrator for the centers of medicare and medicaid services. joy reid, josh barro, dr. claudia fagin, and jacob hacker, professor at yale university. great conversation, thanks for getting up. >>> and a final thought on what i'm grateful for this thanksgiving up next. [ female announcer ] over every holiday season your mouth has been snacking, gift stacking, nutcracking and yellowing. because if you're not whitening, you're yellowing. crest whitestrips remove over 10 years of stains, just in time for a white holiday. crest 3d white whitestrips. starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. just two aleve can keep pain away all day. thrget 3 yearsgiving weekend, interest-free financing and save up to $600 on beautyrest and posturepedic. even get 3 years interest-free financing on serta icomfort and tempur-pedic. mattress price wars ends sunday at sleep train. . have. . >>> just a moment. what i'm grateful for this thanksgiving. a correction on som
. and the president of the united states called mr. boehner and mr. reid over the weekend. it looks like the president is going to continue the push and meet with the ceo's tomorrow. they upon meet with irskin bowles. he was the co-chair of simpson-bowles commission . mr. bowles had a great plan. he is a democrat, that offered up 800 billion in new revenue and overhaul the tax system and changes to medicare and that's why the republicans are asking the democrats to come in and explain your deal. this plan was hatched in 2010 and everyone walked away from it and now they call bowles back up? it is late. this is what the american people are upset about. nothing gets done. >> steve: we are a month from the cliff. >> gretchen: we could have avoided the cliff if they used the plan as a starting point. americans are upset nothing gets done. >> brian: norquist is the bad guy. you should walk away from grover norquest. he said you have enough money on capitol hill and stop asking us . he's been a watch dog on our money so whether you are democrat or republican you should salute him. he warned you in the past
'm a residence -- i supported the ambitious education reform in d.c. push by chancellor reid. they lack the community support necessary. i think a key take away from these election is stop focus on the men any and start shoring up allies especially parent and teacher. the governor mentioned this morning. that leads me to a second point. i believe the key lesson learned is the importance of political -- not just policy. reformers have been rightly focused on getting the politician and practices right. especially with implementing big reforms and common core teachers and principal evaluation system and increased school of choice. governor, you and i probably disagree here on choice. i think vouchers are something of a ration which concentrate on public school choice. regardless of the work to get it done, i think, you know, so you been a champion of charter schools in florida and across the country. we have a lot of work to do. you can't play the inside game without an outside game. this election taught us that passing a reform-minded law doesn't mean voters will support it a year or two
with speaker of the house boehner and senate majority leader reid over the weekend. our team is continuing discussions with their congressional counterparts on this matter and it is entirely appropriate, i would say, both for the president and for leaders in congress, to have this discussion, not just among themselves but with the american people. and that's what the president's doing. that's why he's meeting with business leaders. i assume you wouldn't or critics would not suggest that is a mistake or meeting with civic leaders or labor leaders, because everyone the president's meeting with has both i think useful ideas and a substantial stake in the outcome of these negotiations because it is vitally important that we take action to ensure that, for example, middle-class americans don't see their taxes go up by an average of $2,200 next year. there's no reason for that to happen. because as you know, democrats and republicans alike believe those tax rates should not go up. so let's act on what we agree on. let's demonstrate to the american people that washington can function. that when e
Search Results 0 to 30 of about 31 (some duplicates have been removed)

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